In the global competition for high-net-worth individuals (HNWIs), Dubai and Abu Dhabi have solidified their positions as top destinations. According to the inaugural Spotlight on Wealth Trends 2025 report by Savills, Dubai leads the world, with Abu Dhabi ranking fifth. This status underscores the United Arab Emirates’ strategic role as a wealth magnet.
Savills’ report examined nearly 100 cities through five primary metrics: business environment, family infrastructure and cost, legacy planning, lifestyle and privacy. Joining Dubai and Abu Dhabi in the top five were New York, Singapore and Hong Kong. This indicates the UAE’s emergence as a formidable contender among established financial centres.
Dubai’s appeal stems from its favourable business climate and robust infrastructure. With a tax-friendly regime, particularly the absence of inheritance, capital gains or wealth taxes, Dubai ranks highly in legacy planning. The same can be said for Abu Dhabi.
Kelcie Sellers from Savills noted that the attraction isn’t just about established financial infrastructure but also lifestyle, well-being and family-oriented opportunities. The UAE caters to these needs with a dynamic economy and excellent connectivity, making it a preferred choice beyond traditional financial hubs.
Andrew Cummings, leading Savills’ Residential Agency in the Middle East, remarked that the decision to relocate by HNWIs to Dubai and Abu Dhabi is driven by the quality of life offered. The UAE’s stable, tax-efficient environment, combined with quality amenities, elevates it as a premier global spot for affluent individuals.
The report follows more recent findings regarding how the UAE is the top location for global millionaire migration, especially from the UK.
